Extech Operating recorded an increase of 134.15% in total oil and gas production to 350.2 boe/d in June 2020 when compared with the previous month, according to GlobalData’s USL48 database.
The oil and gas production of Extech Operating declined 16.09% in June 2020 from 417.35 boe/d in June 2019.
On a YTD basis, the company’s total oil and gas production decreased by 13.04% from the same period in 2019.
The company’s oil production grew 39.91% to 28.57 bd in June 2020 from the previous month, while gas production up by 106.85% to 1.51 mmcf/d. On a YTD basis, oil production decreased by 61.96% in 2020 when compared with the same period in 2019, while gas production declined by 13.09%. Out of the total oil and gas production in June 2020, oil production held an 8.16% share, while gas production held a 74.34% share.
Looking at the states where Extech Operating recorded the highest oil and gas production in June 2020, Texas figured at the top, accounting for a 100% share. The company produced 350.2 boe/d in the state in June 2020, an increase of 134.15% from the previous month.
On a YTD basis, the company produced 1,768.89 boe/d in Texas in 2020, recording a decrease of 13.04% from the same period in 2019.
Extech Operating witnessed the highest oil and gas production in Montague county in June 2020. Out of all the counties, Montague county held a share of 62.94% for the firm. The company produced 220.43 boe/d in Montague county in June 2020, an increase of 560.76% in production when compared with the previous month.
On a YTD basis, the county produced 988.72 boe/d for the company in 2020, a 15.77% decrease from the same period in 2019.
All publicly announced wells data are included in this analysis, which is drawn from GlobalData’s USL48 database that provides insights into oil and gas permits and wells as disclosed by state ministry sites.
GlobalData collects the latest production data and analyses the trends when it is made available for public disclosure by state ministries. Differences, if any, between the period of activity and the article date may be attributed to delays in the issuance of data.